CHRISTIAN FIDELITY FOUNDATION (EIN 756047778) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

DAVID W BARNETT

Phone

8175897281

Tax Period

2023-01-01 to 2023-12-31

CHRISTIAN FIDELITY FOUNDATION, founded in 1966, is a small nonprofit that reported $222K in total revenue in fiscal year 2023. Expenses of $276K exceeded revenue, resulting in a 24% operating deficit.

Mission

Christian Fidelity Foundation serves the General Council of the Assemblies of God and its subordinate units and sponsored ministries. The Foundation makes grants to its supported organizations (other publicly supported 501(c)(3)s) which include Assemblies of God departments and divisions, institutions of higher education, missions ministries and benevolent organizations.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $221,967

Other Revenue $0

TOTAL REVENUE $221,967

Expense Breakdown

Grants Paid $215,715

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $215,715

Other Expenses $59,944

TOTAL EXPENSES $275,659

Year-over-Year Comparison

	2023	2022	Change
Revenue	$221,967	$225,605	0.0%
Expenses	$275,659	$132,626	+1.1%
Net Income	$-53,692	$92,979	-1.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID W BARNETT	President	1.00	Officer Director	$0	$0	$0
ERIC N JOHANSSON	Vice President	1.00	Officer Director	$0	$0	$0
TERRY L PHIPPS	Secretary	1.00	Officer Director	$0	$0	$0
GAY BARNETT	Treasurer	1.00	Officer Director	$0	$0	$0
JULIE BORGE	VP ADVANCEMEMT	1.00	Officer Director	$0	$0	$0
ALLETHA M BARNETT	Director	1.00	Director	$0	$0	$0
JULIANA G BARNETT	Director	1.00	Director	$0	$0	$0
TYRONE J BLOCK	Director	1.00	Director	$0	$0	$0
JOSEPH L CASTLEBERRY	Director	1.00	Director	$0	$0	$0
GEORGE M FLATTERY	Director	1.00	Director	$0	$0	$0
MARK D FLATTERY	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$221,967	$275,659	$4,889,076	$-53,692
2022	$225,605	$132,626	$4,942,768	$92,979
2021	$263,161	$228,921	$4,849,789	$34,240
2020	$217,932	$364,758	$4,815,549	$-146,826

CHRISTIAN FIDELITY FOUNDATION